Clifford Chance is advising QNB Group on the acquisition of Société Générale’s stake in National Société Générale Bank – Egypt (NSGB).
Tags: Clifford Chance LLP | DubaiLatham & Watkins Advises Abu Dhabi Islamic Bank PJSC on US$1 Billion Tier 1 Sukuk
Latham & Watkins advised Abu Dhabi Islamic Bank PJSC, one of the leading Islamic banks in the Middle East, in connection with the region’s first perpetual and Basel III compliant tier 1 sukuk issuance. The initial benchmark size for the issuance of US$500 million was more than 30 times oversubscribed, with an order book of US$15.5 billion, and the expected profit rate of 6.375% is the lowest ever coupon for an instrument of this type. The transaction has allowed Abu Dhabi Islamic Bank PJSC to strengthen and diversify its capital base in line with international best practice in capital management.
Tags: Latham & Watkins LLP | DubaiClifford Chance Advises First Gulf Bank on the Largest Loan Market Transaction Undertaken by a Financial Institution in the UAE This Year
The Abu Dhabi office of Clifford Chance advised First Gulf Bank (FGB), a major leading financial institution headquartered in Abu Dhabi, UAE, on a new three-year US$900 million senior unsecured Term Loan Facility with a group of international banks.
Tags: Clifford Chance LLP | DubaiClifford Chance and Al Jadaan & Partners Law Firm Advise on a Proposed US$1.3 Billion Saudi Shipping Merger
International law firm Clifford Chance, in conjunction with Al Jadaan & Partners Law Firm, has advised The National Shipping Company of Saudi Arabia (Bahri) in relation to the proposed US$1.3 billion merger of the fleets and operations of Bahri and Vela International Marine Ltd., a wholly-owned subsidiary of Saudi Aramco. The definitive transaction documents were signed in Riyadh on 4 November 2012.
Tags: Clifford Chance LLP | DubaiSimmons & Simmons Advises Amadeus on Major Agreement with Saudi Airlines
Simmons & Simmons has advised Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, on a major services and software solution development and implementation agreement with Saudi Airlines (Saudia). The agreement was signed on 8th September 2012.
Tags: Simmons & Simmons | DubaiHogan Lovells Advises Mashreqbank On Ijara Re-Financing
Hogan Lovells recently advised Mashreqbank and the banks as the Syndication Legal Counsel, on an AED793m 10 year ijara re-financing for Emirates District Cooling LLC (Emicool).
Tags: Hogan Lovells | DubaiSimmons & Simmons Advises RWE Technology on Joint Venture
Simmons & Simmons has advised RWE Technology on their joint venture with the Dubai Electricity and Water Authority (DEWA) to develop a leading service company for energy consulting in the region.
Tags: Simmons & Simmons | DubaiClyde & Co Advises Varkey on Healthcare Sale in the Middle East
International law firm Clyde & Co LLP has advised the Varkey Group on the sale of its stake in Emirates Healthcare Holdings to Mediclinic International, an international private hospital group listed on the JSE.
Tags: Clyde & Co LLP | DubaiClifford Chance Advises on US$650 Million First Gulf Bank Notes Issuance
Clifford Chance’s Dubai Office has advised the joint lead managers on the update by First Gulf Bank PJSC (FGB) of its US$3.5 billion Euro Medium Term Note Programme (Programme) and the Issuance by FGB under the Programme of London Stock Exchange-listed US$650 million 2.682%. Notes due 2017 (Issuance).
Tags: Clifford Chance LLP | Dubai